2 Bed Semi-Detached House, Single Let, Leeds, LS16 6LG, £220,000

Otley Old Road, Leeds, West Yorkshire, LS16 6LG - 2 views - 4 months ago

Sold STC

BTL

~68 m²

+7 photos

ValuationFair Value

Sold Prices	£38.5K - £325K
Sold Prices/m²	£575/m² - £6.6K/m²

Square Metres	~68.11 m²
Price/m²	£3.2K/m²
Value Estimate	£218,928£218,928

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£55,000£55,000
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£62,800£62,800

Cash Out
Rent Range	£725 - £1,300£725 - £1,300
Rent Estimate	£795
Running Costs/mo	£867£867
Cashflow/mo	£-71£-71
Cashflow/yr	£-858£-858
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £38.5K to £325K, average is £219K. £575/m² to £6.6K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£223K	10/21	0.05 mi	10, Laith Gardens, Leeds, West Yorkshire LS16 6LH	£2,965	75	2	Semi-Detached House
£230K	12/22	0.14 mi	39, Raynel Drive, Leeds, West Yorkshire LS16 6BS	£3,067	75	2	Semi-Detached House
£190K	03/23	0.16 mi	12, Raynel Approach, Leeds, West Yorkshire LS16 6JT	£2,603	73	2	Semi-Detached House
£210K	08/21	0.18 mi	130, Otley Old Road, Leeds, West Yorkshire LS16 6JS	£2,763	76	2	Semi-Detached House
£189.9K	08/21	0.19 mi	28, Raynel Way, Leeds, West Yorkshire LS16 6JU	£2,567	74	2	Semi-Detached House
£214K	09/21	0.27 mi	19, Haven Croft, Leeds, West Yorkshire LS16 6SF	£4,458	48	2	Semi-Detached House
£207.5K	01/24	0.27 mi	86, Raynel Drive, Leeds, West Yorkshire LS16 6BP	-	-	2	Semi-Detached House
£250K	09/23	0.29 mi	7, Haven Croft, Leeds, West Yorkshire LS16 6SF	£3,788	66	2	Terraced House
£235K	07/21	0.29 mi	3, Haven Croft, Leeds, West Yorkshire LS16 6SF	-	-	2	Semi-Detached House
£245K	10/23	0.29 mi	8, Haven Croft, Leeds, West Yorkshire LS16 6SF	£4,224	58	2	Semi-Detached House
£205K	06/23	0.3 mi	50, Raynel Way, Leeds, West Yorkshire LS16 6JX	£2,662	77	2	Semi-Detached House
£315K	10/23	0.31 mi	499, Spen Lane, Leeds, West Yorkshire LS16 6HL	£3,236	97	2	Semi-Detached House
£230K	02/23	0.33 mi	20, Iveson Crescent, Leeds, West Yorkshire LS16 6NU	£3,026	76	2	Semi-Detached House
£222K	11/20	0.36 mi	1, Eaton Hill, Leeds, West Yorkshire LS16 6SE	£4,440	50	2	Detached House
£325K	09/21	0.38 mi	391, Otley Old Road, Leeds, West Yorkshire LS16 6BX	£6,551	50	2	Detached House
£204K	01/21	0.39 mi	27, Grove Farm Close, Leeds, West Yorkshire LS16 6DA	£4,000	51	2	Semi-Detached House
£280K	03/21	0.4 mi	75, Haven Chase, Leeds, West Yorkshire LS16 6SG	£5,185	54	2	Detached House
£220K	02/21	0.42 mi	89, Grove Farm Crescent, Leeds, West Yorkshire LS16 6BZ	£3,284	67	2	Semi-Detached House
£240K	05/24	0.44 mi	30, Grove Farm Crescent, Leeds, West Yorkshire LS16 6BY	£3,243	74	2	Bungalow
£237.5K	04/21	0.47 mi	3, Grove Farm Croft, Leeds, West Yorkshire LS16 6DE	£4,948	48	2	Detached House
£280K	05/23	0.48 mi	11, Tinshill Lane, Leeds, West Yorkshire LS16 6BU	£5,086	55	2	Detached House
£181K	07/21	0.48 mi	47, Tinshill Lane, Leeds, West Yorkshire LS16 6BU	£3,549	51	2	Semi-Detached House
£300K	03/23	0.51 mi	29, Holt Drive, Leeds, West Yorkshire LS16 7QE	-	-	2	Detached House
£220K	05/21	0.51 mi	3, Holt Drive, Leeds, West Yorkshire LS16 7QE	-	-	2	Detached House
£225K	12/20	0.51 mi	10, Oak Park Drive, Leeds, West Yorkshire LS16 6FJ	£3,214	70	2	Terraced House
£180.1K	04/21	0.53 mi	5, Bedford Close, Leeds, West Yorkshire LS16 6DS	£2,118	85	2	Semi-Detached House
£165K	01/21	0.53 mi	25, Parkstone Avenue, Leeds, West Yorkshire LS16 6EW	£2,200	75	2	Semi-Detached House
£162K	03/21	0.53 mi	5, Parkstone Avenue, Leeds, West Yorkshire LS16 6EW	£2,189	74	2	Semi-Detached House
£190K	09/21	0.54 mi	4, Bedford Close, Leeds, West Yorkshire LS16 6DS	£2,794	68	2	Semi-Detached House
£230K	11/21	0.59 mi	19, Kenworthy Rise, Leeds, West Yorkshire LS16 7QW	-	-	2	Semi-Detached House
£205K	09/23	0.59 mi	3, Tinshill View, Leeds, West Yorkshire LS16 7AT	-	-	2	Semi-Detached House
£180.5K	12/20	0.61 mi	8, Tealby Close, Leeds, West Yorkshire LS16 6RS	£2,654	68	2	Semi-Detached House
£193.5K	07/24	0.7 mi	65, Silk Mill Approach, Leeds, West Yorkshire LS16 6RP	£2,955	65	2	Terraced House
£235K	01/23	0.7 mi	11, Beechwood Court, Leeds, West Yorkshire LS16 7TR	-	-	2	Terraced House
£220K	11/21	0.7 mi	3, Beechwood Court, Leeds, West Yorkshire LS16 7TR	£4,074	54	2	Terraced House
£246.3K	01/24	0.7 mi	127, Tinshill Lane, Leeds, West Yorkshire LS16 6DG	£3,629	68	2	Semi-Detached House
£210K	07/24	0.76 mi	40, Latchmere View, Leeds, West Yorkshire LS16 5DT	£2,530	83	2	Semi-Detached House
£299.9K	04/21	0.77 mi	114b, Tinshill Road, Leeds, West Yorkshire LS16 7DW	£4,917	61	2	Terraced House
£299.9K	04/21	0.77 mi	114b, Tinshill Road, Leeds, West Yorkshire LS16 7DW	£4,917	61	2	Terraced House
£215K	05/23	0.77 mi	100, Tinshill Road, Leeds, West Yorkshire LS16 7DW	£3,583	60	2	Semi-Detached House
£182.5K	05/24	0.77 mi	24, Silk Mill Bank, Leeds, West Yorkshire LS16 6PS	-	-	2	Semi-Detached House
£235K	12/22	0.79 mi	35, Woodnook Drive, Leeds, West Yorkshire LS16 6PG	£2,901	81	2	Semi-Detached House
£187K	04/23	0.79 mi	37, Woodnook Drive, Leeds, West Yorkshire LS16 6PG	£2,750	68	2	Semi-Detached House
£155K	08/21	0.79 mi	55, Woodnook Drive, Leeds, West Yorkshire LS16 6PG	£2,348	66	2	Semi-Detached House
£227.5K	02/24	0.79 mi	15, Holly Avenue, Leeds, West Yorkshire LS16 6PL	£3,500	65	2	Semi-Detached House
£175.5K	11/20	0.79 mi	45, Holly Avenue, Leeds, West Yorkshire LS16 6PL	£2,372	74	2	Semi-Detached House
£199K	01/21	0.79 mi	39, Holly Avenue, Leeds, West Yorkshire LS16 6PL	£2,939	68	2	Semi-Detached House
£218K	07/21	0.79 mi	21, Holly Avenue, Leeds, West Yorkshire LS16 6PL	-	-	2	Semi-Detached House
£38.5K	07/24	0.81 mi	35, Latchmere Drive, Leeds, West Yorkshire LS16 5DL	£575	67	2	Semi-Detached House
£210K	02/24	0.82 mi	9, Adel Grange Mews, Adel, Leeds, West Yorkshire LS16 8HZ	£3,282	64	2	Semi-Detached House

Local Rents

27 rents from £725/mo to £1.3K/mo, average is £895/mo.

Rent	Date	Distance	Address	Beds	Type
£895	05/24	0.21 mi	Raynel Mount, Adel, Leeds	2	Detached House
£795	05/24	0.24 mi	Redesdale Gardens, Adel, LEEDS 16	2	Flat
£1,050	05/24	0.25 mi	Iveson Green, LEEDS	2	Flat
£1,200	05/24	0.28 mi	Luttrell Gardens, Lawnswood, Leeds, LS16 6LY	2	Detached House
£1,020	10/24	0.28 mi	-	2	Semi-Detached House
£795	01/24	0.29 mi	-	2	Flat
£950	06/24	0.3 mi	Redesdale Gardens, Leeds, LS16	2	Flat
£895	12/23	0.34 mi	-	2	Flat
£1,150	09/24	0.34 mi	-	2	Semi-Detached House
£800	05/24	0.36 mi	Redesdale Gardens, Leeds, West Yorkshire, UK, LS16	2	Flat
£950	03/25	0.36 mi	-	2	Flat
£850	05/24	0.37 mi	Redesdale Gardens, Adel, Leeds	2	Flat
£825	05/24	0.38 mi	New Adel Lane, Leeds, West Yorkshire, UK, LS16	2	Flat
£1,100	03/24	0.4 mi	-	2	Bungalow
£1,150	04/25	0.4 mi	-	2	Bungalow
£1,300	03/25	0.41 mi	-	2	Bungalow
£850	01/24	0.41 mi	-	2	Flat
£825	05/24	0.45 mi	Redesdale Gardens, Adel, Leeds	2	Flat
£1,000	05/24	0.48 mi	Tinshill Lane, LEEDS	2	Bungalow
£825	05/24	0.5 mi	Redesdale Gardens, Leeds, West Yorkshire, UK, LS16	2	Flat
£1,100	06/24	0.51 mi	Haven View, Leeds, LS16	2	Bungalow
£1,100	07/24	0.51 mi	-	2	Bungalow
£725	09/23	0.54 mi	-	2	Flat
£800	09/24	0.54 mi	-	2	Flat
£1,200	05/24	0.55 mi	Woodlands Grove, Adel, Leeds, West Yorkshire.	2	Flat
£795	06/24	0.56 mi	6 Holtdale View, Leeds, LS16	2	Flat
£895	05/24	0.59 mi	34 Bedford Mount, Leeds, LS16 6DP	2	Flat

Local Area Statistics

Population in LS16	35,19835,198
Population in Leeds	635,166635,166
Town centre distance	3.85 miles away3.85 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.06 miles away1.06 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+38%+38%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+20%+20%

Property History

Listed for £220,000

January 6, 2025

Sold for £112,000

2011

Floor Plans

Description

Two Bedrooms +
Great First Home +
Kitchen Diner +
Drive +
Garden +
Material Information Available/Ask Agent +

Two bedroom semi with DRIVE which will make a GREAT FIRST HOME!

Boasting two generously-sized bedrooms, this property is ideal for small families or professionals looking for a cosy home. The interior is bright and modern, with a stylish design that creates a welcoming atmosphere. The garden is perfect for enjoying outdoor activities or hosting gatherings with friends and family. Additionally, the property features off-street parking, providing added convenience for residents. With its affordable price and attractive features, this property is a fantastic opportunity for those seeking a comfortable and stylish living space in a desirable location.

Please note this property is Non Standard Construction (Livett Cartwright) and therefore not all mortgage providers will lend
on it.

Agent Details

Manning Stainton, Adel

0113 519 1444

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents